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Cornerstones of Financial Accounting
4th Edition
ISBN: 9781337690881
Author: Jay Rich, Jeff Jones
Publisher: Cengage Learning
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
Transcribed Image Text:Jackson Health Foods has 8,000 shares of $2 par common stock
outstanding, which was issued at $15 per share. Jackson also has
a balance of Retained Earnings of $86,000. How much is Jackson's
total stockholders' equity?
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